PDO signs first commercial contract with Tethys Oil Oman Onshore Limited

Muscat: PDO signs first commercial contract with Tethys Oil Oman Onshore Limited

In a statement PDO said: We are delighted to announce that PDO Services (PDO-S) has signed its first commercial contract with Tethys Oil Oman Onshore Limited for Seismic Acquisition in Block 56. The agreement reflects the value and capability of resources and expertise available in-country. It will also pave the way for further collaboration opportunities between PDO-S and other oil and gas operators in Oman in different applications.

The contract was signed on Sunday by Steve Fimster, General Manager of Petroleum Development Oman, and Dr. Frederic Robles, General Manager of Tethys Oil Oman Onshore Limited.

The contract – valued at more than 14 million US dollars – includes the collection of 3D seismic data for an area covering approximately 2018, square kilometres. The primary objective is to produce high-quality 3D seismic images of the eastern side of southern Oman and the triangular basins in Block No. 56 operated by Tethys Oil Oman Onshore.

 

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